Canadian Apartment Magazine - Industry News
REMI

Industry News

Mississauga

Mississauga task force proposes new housing actions

A new report recommends 30 bold actions the city can take to relieve the housing crisis.
short-term rental

BC introduces new short-term rental registry

The Province of BC has announced the launch of a new short-term rental (STR) registry to cut down on the number of illegal rental operators.
Korean rental housing attracts CPP Investments

Korean rental housing attracts CPP Investments

Canada Pension Plan Investment Board (CPP Investments) has entered the Korean rental housing market through a 95 per cent stake in a new venture targeting co-living.
Canadian investors team on U.K. multifamily deal

Canadian investors team on U.K. multifamily deal

QuadReal Property Group and Realstar have bolstered their multifamily holdings in the United Kingdom through the joint acquisition of a 603-unit complex in Birmingham’s central core.
U.S. single family rental housing scrutinized

U.S. single-family rental housing scrutinized

The U.S. Federal Trade Commission is signalling its intentions to investigate the ownership structures of large single-family rental housing portfolios with more than 1,000 properties.
renter feedback survey

Alberta is in a “homebuilding boom”

The province of Alberta is setting new records for housing construction in Canada, according to year-end data from CMHC.

Fitzrovia completes Sloane at Dufferin and Highway 401

Leasing is underway at Fitzrovia's new residential development, Sloane, a three-tower rental community at Dufferin and the 401 in Toronto.
August rents

Asking rents in Canada declined 3.2% in 2024

Hitting a 17-month low of $2,109, the average asking rents for all residential property types in Canada dropped 3.2 per cent in 2024.
GWLRA

GWLRA plans False Creek mixed-use development

GWL Realty Advisors (GWLRA) is proposing a mixed-use development including office space and retail amenities in False Creek Vancouver.
building

Federal funding to boost building codes in P.E.I.

The investment will help adopt stronger building codes in all types of buildings and deliver more affordable energy.
Rose Corporation new rental development

The Bakerfield II opens in Newmarket

The Rose Corporation has officially opened The Bakerfield II, marking the end of the fourth phase of its 834-unit master-planned residential community. 
renter feedback survey

2024 saw historic rental supply growth

Canada's supply of purpose-built rental apartments grew by 4.1 per cent in 2024, the highest increase in over thirty years, according to the latest data from CMHC.
rental housing gap

Ontario introduces crane inspection schedule

All tower crane components must now be inspected and verified to be operationally sound at 10-year intervals from either its manufacture date or its previous inspection.
Christmas tree fires

More Christmas tree fires likely to occur in January

A recent Christmas tree fire in a Toronto apartment has put the spotlight on holiday-related fire hazards and the need to educate tenants about fire safety.
Altus Group

Insights from Altus Group’s Q3 Vancouver market update

After a strong second quarter, investment activity in Vancouver eased for most sectors in Q3-2024, but the long-term outlook remains positive.
solo renters

Solo renters now outnumber solo homeowners

According to research from Point2Homes, solo renters make up over half of Canada’s one-person households, a trend led by Canadians aged 65 and up.
Leeds UK property

Starlight Investments continues UK expansion

Starlight Investments has acquired a 300-suite community currently under construction in Leeds, adding to it's growing UK portfolio.